ED to attach A Raja’s properties

The Enforcement Directorate (ED) has decided to attach properties of former telecom minister A Raja and other accused in the 2G spectrum scam.

According to a top ED official the federal money laundering investigating agency has so far identified properties of worth Rs1,500 crore of Raja and his associates, which they probably earned from the ill-gotten’ money of 2G spectrum allocation scam.
The move will start the process of recovery of assets, which Raja and his aides have gained as kickbacks from the sale of spectrum to several mobile phone operators.

“We will initiate the proceedings of preliminary attachments of both movable and immovable, under Section 5 of PMLA against those named as prime accused in the CBI charge sheet. So far, we have identified immovable properties of over Rs1,500 crore, which are going to be attached in first phase,” a senior ED official told DNA on the condition of anonymity.

ED officials have prepared a list of Raja’s properties in Chennai and Perambulur districts of Tamil Nadu, Delhi  and other parts of the country. ED claims that properties purchases by Raja’s family members including his wife and even his family doctor are also under scanner. The ED will also look into the assets of his aides RK Chandolia and Sidharth Behuria.